What we reported
Accounting for roughly 25 percent of the $220 million bond package passed in May, McKinney ISD’s new stadium and event center was set to originally cost $62.8 million, which included an existing $12.5 million from a 2000 bond used for stadium infrastructure. The cost increased by $7 million over the summer and pushed the total cost to nearly $70 million. MISD officials said the rise in costs came from two areas: materials and labor. The district covered the cost by removing some of the items within the bond and paying for them through the district’s general fund.
The latest
On Dec. 6, the district held an official ground breaking ceremony marking the symbolic start of construction. MISD and city officials were both on hand for the ceremony.
What’s next
MISD Superintendent Rick McDaniel said construction of the stadium and events center will take roughly 14 months, weather permitting.
This story is one update from The January Issue. View the full list of 7 things to look for in 2017 here.
